The Nigeria Equity Market closed trading activities for today Friday (24/03/2023) negative as the NGX-ASI decreased by 0.06 % to close at 54,892.53 compared to 54,924.08 recorded at the close of the previous trading day; indicating a YTD return of +7.11%.
Similarly, the market capitalization decreased by N17.19 billion to N29.90 trillion from N29.92 trillion the previous trading day, While the market turnover increased to N3.78 billion from N1.40 billion.
The market breadth was positive at 1.18 x as 13 stocks advanced and 11 stocks declined, while 77 stocks remained unchanged. NPFMCRFBK topped the gainers’ list with +6.94%, while AIICO declined by-5.00% respectively to lead the losers’ chart. FIDELITYBK recorded the highest volume for the day while MTNN recorded the highest value for the day.
Top 10 stocks whose prices declined at the end of today’s trading activities includes:
AIICO(-5.00%), LINKASSURE(-4.76%), WAPIC(-4.76%), INTBREW(-2.25%), TRANSCORP(-2.19%), BUACEMENT(-1.61%), NB(-1.43%), GTCO(-0.99%), ZENITHBANK(-0.60%) and ACCESSCORP(-0.57)
Read: NGX Price List for Friday, 24th March 2023
MARKET STATISTICS
| CAP | N29,903,332,738,183.64 | One Day (ASI CHG) | -0.06% |
| Index | 54,892.53 | One Week (ASI CHG) | -0.04% |
| Volume | 137,560,165.00 | One Month (ASI CHG) | -0.10% |
| Value | N3,873,422,900.15 | Six Months (ASI CHG) | +11.07% |
| Deals | 2,912.00 | 52 Weeks (ASI CHG) | +16.89% |
| Gainers | 13 | Losers | 11 |
| Unchanged | 77 | Total | 101 |
| YTD Returns | +7.11% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | -0.06 |
| NGX30 | -0.26 |
| NGXBNK | -0.25 |
| NGXCNSMRGDS | -0.21 |
| NGXINDUSTR | -0.66 |
| NGXINS | -1.01 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | 0.00 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| NPFMCRFBK | 1.73 | 1.85 | 0.12 | 6.94 |
| GEREGU | 304.00 | 323.00 | 19.00 | 6.25 |
| LASACO | 1.00 | 1.05 | 0.05 | 5.00 |
| CHAMS | 0.24 | 0.25 | 0.01 | 4.17 |
| JAPAULGOLD | 0.28 | 0.29 | 0.01 | 3.57 |
| JAIZBANK | 0.88 | 0.91 | 0.03 | 3.41 |
| MANSARD | 1.85 | 1.91 | 0.06 | 3.24 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| AIICO | 0.60 | 0.57 | -0.03 | -5.00 |
| LINKASSURE | 0.42 | 0.40 | -0.02 | -4.76 |
| WAPIC | 0.42 | 0.40 | -0.02 | -4.76 |
| INTBREW | 4.45 | 4.35 | -0.10 | -2.25 |
| TRANSCORP | 1.37 | 1.34 | -0.03 | -2.19 |
| BUACEMENT | 99.45 | 97.85 | -1.60 | -1.61 |
| NB | 38.55 | 38.00 | -0.55 | -1.43 |
Top 7 Traded Stocks By Volume
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| FIDELITYBK | 5.20 | 92 | 21,478,432 | 111,697,489.51 |
| GTCO | 24.90 | 244 | 14,888,837 | 371,550,769.85 |
| NEIMETH | 1.48 | 9 | 14,033,290 | 20,765,846.68 |
| UBA | 8.00 | 127 | 12,821,227 | 102,829,821.80 |
| TRANSCORP | 1.34 | 26 | 8,918,510 | 11,660,124.10 |
| NGXGROUP | 28.00 | 30 | 7,229,777 | 202,248,566.40 |
| NB | 38.00 | 112 | 7,087,099 | 259,703,908.45 |
Top 7 Traded Stocks By Value
| Security | Close Price | Number of Trades | Daily Volume | Daily Value |
| MTNN | 236.00 | 299 | 4,185,079 | 980,098,778.80 |
| AIRTELAFRI | 1548.70 | 15 | 462,120 | 655,746,577.80 |
| GTCO | 24.90 | 244 | 14,888,837 | 371,550,769.85 |
| NB | 38.00 | 112 | 7,087,099 | 259,703,908.45 |
| GEREGU | 323.00 | 92 | 821,435 | 244,593,109.80 |
| SEPLAT | 1200.00 | 47 | 201,159 | 231,171,295.00 |
| NGXGROUP | 28.00 | 30 | 7,229,777 | 202,248,566.40 |
OUTLOOK
Investors have reiterated that this may be a great period to pick up some quality stocks with a medium to long-term investment horizon while we await companies to declare their dividends.
